A group of Japanese firms said today that they had agreed to invest in a long-term charter business which will provide an FPSO for the Sepia area offshore Brazil.
Tokyo-based Mitsui & Co has agreed to buy a 20% interest in two of Shell’s assets in the Gulf of Mexico. The Kaikias and Circius assets lie about 100 kilometres south-east of New Orleans and are thought to contain recoverable resources of 100million barrels of oil. The value of the deal was not disclosed.
Akastor and Mitsui have signed a joint venture to acquire both the Skandi Santos hull from DOF Subsea Rederi AS and the Skandi Santos topside from AKOFS.